Global insight

India's Mineral Production index Rises 3.8% in August

India's mineral production index of mining and quarrying sector in August (new Series 2004-05=100) 2015 stands at 119.4, which is 3.8% higher as compared to August 2014, according to government data.

Friday, October 16, 2015

Australia’s Coal Exports Surge in Aug

According to statistics, Australia’s coal exports totaled 35.36 million tons in August, surging by 124.2% year on year.

Friday, October 16, 2015

US Crude Steel Output Drops

According to data released by the American Iron and Steel Institute (AISI), the US’s crude steel output totaled 1.705 million short tons in the week ended on October 10th, decreasing by 1.3% from a week ago and down by 7.3% in comparison of t

Friday, October 16, 2015

One company is making a killing from Glencore's problems

[Ferro-Alloys.com]The commodity price slump this year has put enormous pressure on mining giant Glencore and it has led to tonnes and tonnes of assets like copper and steel being stockpiled until the market picks up. Companies like Glencore have a huge pile o...

Friday, October 16, 2015

Rio upbeat about 'quality' China growth

[Ferro-Alloys.com] China's economy is expected to grow at between 4 and 5 per cent per annum on average through to 2030, global mining company Rio Tinto predicts. Rio's group executive of technology and innovation, Greg Lilleyman, told the Nikkei Asian Review...

Friday, October 16, 2015

Junior Miners Embrace Unconventional Strategies to Survive Economic Trials

The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry on a further downward financial trend, according to PwC's yearly report on the TSX Venture's top 100 junior mining companies. But the in...

Friday, October 16, 2015

Zimbabwe Asks Chrome Producers to Cede Mining Claims

Zimbabwe has asked two ferrochrome producers, including a unit of China's Sinosteel Corp Ltd, who own 80% of all chrome mining claims to release some ground for distribution to new investors, the mines minister said on Wednesday. Zimbabwe holds the world's sec...

Friday, October 16, 2015

Prices Head for Biggest Weekly Rise in More than 3 Years

Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes.

Friday, October 16, 2015
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